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WASHINGTON, Aug 19 (Reuters) – The Federal Deposit Insurance Corp will meet next week to vote on its policy for private equity investments in failed banks, according to an agenda posted to its website. The FDIC proposed the private equity guidelines in July. Investors and some regulators criticized them as too harsh.

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By Huw Jones
LONDON, Aug 17 (Reuters) – The credit crisis is hindering as well as helping the drive to create a globally accepted set of accounting rules, and it may take intervention by world leaders to keep the effort on track.

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By Huw Jones
LONDON, July 28 (Reuters) – Accounting did not trigger the credit crunch and policymakers should avoid putting pressure on standard setters to make hasty rule changes without proper consultation, a high-level group of regulators said in a report on Tuesday.(more…)